netease inc-adr (NTES) Details

NetEase, Inc., through its subsidiaries, operates an interactive online community in the People’s Republic of China. It provides Chinese language content and services through its online games, Internet portal, e-mail, and wireless value-added service businesses. The company operates in three segments: Online Game Services; Advertising Services; and E-mail, Wireless Value-added Services and Others. It offers massively multi-player online role-playing games, including New Westward Journey Online II, Fantasy Westward Journey II, Tianxia III, Ghost II, and Heroes of Tang Dynasty II; licensed games; and mobile games. The company’s NetEase Websites provide Internet users with a network of Chinese language online services comprising content channels that offer news, information, and online entertainment; community and communication services, such as a micro-blogging, blogging, photo album, instant messaging, online personal advertisements, open courses, mobile news applications, and community forums; and various search functions, dictionary, and cloud note-taking applications. It also offers online advertising services that include banner advertising, channel sponsorships, direct e-mail, interactive media-rich sites, sponsored special events, games, contests, and other activities; e-mail services to individual and corporate users; and wireless value-added services. The company also provides e-commerce related services, such as Caipiao, an e-commerce services related to third-party lottery products; Wangyibao, an online payment platform; Baoxian, an online insurance service platform; EaseRead, an e-reading apps; Huatian, a matchmaking services; Cloud Music, an online music social network; Yinxiangpai, a personalized photo-based products; and game-related accessories. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is based in Beijing, the People’s Republic of China.

netease inc-adr (NTES) Top Compensated Officers

netease inc-adr (NTES) Key Developments

NetEase, Inc. Announces the Establishment of Operations in North America

Feb 24 15

NetEase, Inc. announced the establishment of operations in North America. The US headquarters combines the development and scaling capabilities of over 3,600 employees in China with local market expertise in North America. The team will focus on building a strong pipeline of mobile games for Western audiences from the ground up. Multiple titles are planned for release in North American and European markets in 2015.

NetEase, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Feb 10 15

NetEase announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, total revenues for the of RMB 3,462,993,000 compared to RMB 2,422,422,000 a year ago. Operating profit was RMB 1,245,776,000 against RMB 1,078,928,000 a year ago. Net income before tax was RMB 1,465,189,000 against RMB 1,295,673,000 a year ago. Net income attributable to the Company's shareholders was RMB 1,271,269,000 compared with RMB 1,237,025,000 a year ago. Diluted earnings per share were RMB 0.39 against RMB 0.38 a year ago. Net cash provided by operating activities was RMB 1,902,998,000 against RMB 1,622,793,000 a year ago. Purchase of property, equipment and software was RMB 301,156,000 against RMB 109,038,000 a year ago. Revenues grew 42.5% year-over-year, driven by a 35.7% increase in online game services, a 22.7% increase in advertising services and a 224.2% increase from expanding e-mail, e-commerce and others business. The effective tax rate was 12.8% compared to 14.4% and 3.8% for the preceding quarter and the fourth quarter of 2013, respectively. The year-over-year increase in the effective tax rate was mainly due to the fact that certain of subsidiaries were approved at key software enterprises in the fourth quarter of 2013.
For the year, the company reported total revenues of RMB 11,712,834,000 compared with RMB 9,196,175,000 a year ago. Operating profit was RMB 4,765,125,000 against RMB 4,352,597,000 a year ago. Net income before tax was RMB 5,458,440,000 against RMB 4,975,821,000 a year ago. Net income attributable to the Company's shareholder was RMB 4,756,623,000 compared with RMB 4,443,910,000 a year ago. Diluted earnings per share were RMB 1.45 against RMB 1.36 a year ago. Net cash provided by operating activities was RMB 5,857,702,000 against RMB 5,235,890,000 a year ago. Purchase of property, equipment and software was RMB 537,376,000 against RMB 218,936,000 a year ago. The effective tax rate was 12.1% compared to 10.7% for fiscal year 2013. The change in the effective tax rate was maybe due to that in 2013.

NetEase, Inc. Approves Dividend for the Fourth Quarter of 2014, Payable on March 6, 2015

Feb 9 15

NetEase, Inc. board of directors has approved a dividend of USD 0.39 per ADS for the fourth quarter of 2014, which is expected to be paid on March 6, 2015 to shareholders of record as of the close of business on February 25, 2015.

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